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Market Sales Had $1,200,000 in Sales Last Month

Question 22

Multiple Choice

Market Sales had $1,200,000 in sales last month. The variable cost ratio was 60% and operating profits were $80,000.
-What is Market's margin of safety in sales dollars?


A) $200,000.
B) $300,000.
C) $500,000.
D) Cannot determine with the information given.

Correct Answer:

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